Uncommitted Increase Clause Samples

Uncommitted Increase. Subject to the terms set forth below, at any time and from time to time, upon request by the Borrower to Administrative Agent and any other existing Lender or new lender selected by the Borrower and the Administrative Agent, any Commitment may be increased or any new commitment of any new lender may be added, provided that the Total Commitment shall never increase in the aggregate more than $400,000,000 (to a maximum of $1,400,000,000) in the manner set forth in (a) below, so long as the conditions set forth in (b) and (c) below have been satisfied: (a) The Total Commitment and Loans may only be increased in accordance with the following: (i) Each increase in the Total Commitment shall be effected by an increase in any one or more of Lenders' Commitments, or by the addition of any new lender or lenders, as agreed by the Borrower, the Administrative Agent and the Lenders and other creditors agreeing to participate in such increase (the "Participating Lenders"), provided that, the Borrower shall not be entitled to increase the Total Commitment at any one time in increments of less than $50,000,000. All such increases effected in accordance with the terms of this Section 2.7 in the aggregate shall not exceed $400,000,000, (ii) Each potential Participating Lender specified by the Borrower shall have received not less than ten Business Days' prior written notice from the Borrower requesting such increase in its Commitment or a new commitment (or such lesser Business Day's notice to which such Participating Lenders and the Borrower shall agree). Each Participating Lender shall commit to an amount not less than $5,000,000, but shall accept any allocation amount designated by the Borrower and the Administrative Agent that is equal to or less than its proposed portion of the increase in its Commitment, (iii) The Administrative Agent shall have received from the Borrower (A) a certificate from the Borrower certifying to the Administrative Agent and the Participating Lenders that (I) no other approvals or consents from any Person are required by any such Person except to the extent they have been received, including without limitation, any necessary approvals under the Borrower Senior Notes and any other Indebtedness permitted to exist in accordance with the terms of Section 8.2 or otherwise and (II) the matters set forth in Section 2.7(b) below are true and correct both before and after giving effect to any proposed increase in each Lender's Commitment and the Total...